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Oct 30, 2012
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lincoln tunnel is the only way to get in and out of the city. >> in and out of the city. >> let's get you up to speed on what you need to know about the markets and the storm. we have the stock index futures trading this morning. regular stock trading will be closed for a second day today. this is only the second time since 1888 that the new york stock ex-s change has been closed for two days in a row because of a weather. the exchange will be ready to open tomorrow even if it physically can't open trading, and that test will be taking between 9:30 and noon east coast time. president obama declaring the states of new york and new jersey disaster areas, making the states eligible for extra federal aid and the storm closed most of the new york city bridges and tunnels as well as the mass transit system. it is the worst disaster in the 108 years of the subway system in new york city, took on a lot of flooding yesterday. one big question remains the labor department, is it going to be releasing the october jobs report as scheduled on friday morning? the department of labor is still saying
lincoln tunnel is the only way to get in and out of the city. >> in and out of the city. >> let's get you up to speed on what you need to know about the markets and the storm. we have the stock index futures trading this morning. regular stock trading will be closed for a second day today. this is only the second time since 1888 that the new york stock ex-s change has been closed for two days in a row because of a weather. the exchange will be ready to open tomorrow even if it...
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Oct 31, 2012
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the second thing, the water here in atlantic city, is unfit to drink. the utility came out and said you can't wash food with it, you can't drink it, you can't wash cuts with the water because the contamination is so strong here. and we have no word on that going forward. there's still a lot of things that have to be figured out. inspectors are actually coming today to assess the structural soundness of some of these properties. and even if they get that underway, still unclear what's going to happen tomorrow when they try to open their doors. now, caesar's entertainment report earnings after the bell today. so that stock is one that you should watch today. if you're concerned about atlantic city or if you're even looking for any sort of comments about the health of this industry. we're going to be listening closely to that call after the bell today. czr, and we're also going to be watching closely president obama's visit a little bit later today and his tour around with chris christie and what they say about what they've seen on the jersey shore and the
the second thing, the water here in atlantic city, is unfit to drink. the utility came out and said you can't wash food with it, you can't drink it, you can't wash cuts with the water because the contamination is so strong here. and we have no word on that going forward. there's still a lot of things that have to be figured out. inspectors are actually coming today to assess the structural soundness of some of these properties. and even if they get that underway, still unclear what's going to...
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Oct 29, 2012
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the back up and this is the con continue against city plan they've never actually used. i would liked to have seen how well this plan worked. >> were there concerns about whether the contingency plan would actually work? >> theoretically arca is perfectly scaleable. you can stuff the pipes tremendously with a lot more data and information and it will work fine. this has never been tried on this level before. i'd like to see how they get stressed a little and see how they work. >> do you still have a place across the street? >> no. i had the first floor and -- >> you don't have it. >> i live in jersey city. i'm on the water. my apartment may or may not be evacuated. 36th floor, but the building itself is right on the water. >> if you have problems there -- >> we have to go, but do you think tomorrow no go? >> they will make a decision at 4:00 p.m. today. if i had to guess, i would say they will not be open. >> will there be the after hours trade? >> my guess is there will be nothing today. it will only get worse by 4:00 today. >> good to see you in person. >> as hurricane
the back up and this is the con continue against city plan they've never actually used. i would liked to have seen how well this plan worked. >> were there concerns about whether the contingency plan would actually work? >> theoretically arca is perfectly scaleable. you can stuff the pipes tremendously with a lot more data and information and it will work fine. this has never been tried on this level before. i'd like to see how they get stressed a little and see how they work....
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Oct 2, 2012
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[ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] with the blackish-blue frame and the white dots and the splattered paint pattern, your lights are on. what? [ male announcer ] the endlessly customizable 2013 smart. >>> welcome back to "squawk box." jim kramer is standing by at the new york stock exchange. did okay yesterday, indicated higher today. it's still working, jimmy? >> yes, it is. the money is still coming in. this is about qe-7 or 8, i have been riveting all morning. what mr. zells said is similar to what steve jobs said before passing away. this is a country where it is just too hard to do business in. >> yeah. i was going to say, you're not much of a golfer guy but a tennis guy, right? >> ryder was just a collapse. >> yeah. we let pollster on -- for me it was going to a shrink or something. it was come peopling but my heart was racing, i had butterflies in my stomach and didn't think it could happen. when it did, i felt hollow after it. >> i had a bunch of guys going to the eagles/giants game. you would have thought either of the games would h
[ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] with the blackish-blue frame and the white dots and the splattered paint pattern, your lights are on. what? [ male announcer ] the endlessly customizable 2013 smart. >>> welcome back to "squawk box." jim kramer is standing by at the new york stock exchange. did okay yesterday, indicated higher today. it's still working, jimmy? >> yes, it is. the money is still coming in. this is...
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Oct 16, 2012
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remember during the ldc debt crisis in the '80s with citi. citi was one of the first banks in china. the question is, can you turn that into a real stable and profitable franchise? every other quarter we've had noise in their earnings and balance sheet and i think as an analyst i've always wanted to see them make this business run a little bit quieter, if you will. even the write-off of smith barney, that's an ugly thing because it says they didn't make money on that business and in order to sell it, they had to take a loss. >> you know, jim cramer is on the phone, too. jim, i saw what you tweeted about pandit leaving after a terrific quarter which is worrisome. how should we read this? >> i'm listening to mr. whalen and all well and good, you know, pandit finally got it right. this was an absolutely terrific quarter, there was so much that was good here, international was absolutely terrific, you had very good net interest margin. you know, i got to be really blunt about this. i don't know what the heck is going on here. havens i've known si
remember during the ldc debt crisis in the '80s with citi. citi was one of the first banks in china. the question is, can you turn that into a real stable and profitable franchise? every other quarter we've had noise in their earnings and balance sheet and i think as an analyst i've always wanted to see them make this business run a little bit quieter, if you will. even the write-off of smith barney, that's an ugly thing because it says they didn't make money on that business and in order to...
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Oct 3, 2012
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] get more access with the citi card. [ crowd cheering, mouse clicks ] [ male announcer ] the exceedingly nimble, ridiculously agile, tight turning, fun to drive 2013 smart. ♪ >>> good morning, and welcome back to "squawk box" here on cnbc. i'm joe kernen along with becky quick. our top story, the first presidential debate is tonight. this half-hour, we're going to have our own version of a debate. strategists from both sides of the aisle. those two gentlemen that you've seen on our show many times before. democrat jimmy williams is sitting right next to me, and republican joe watkins -- >> he's missing in action. >> you know what, he heard it was jimmy, he said i can't debate that guy. i can't. i'm going to fold like -- he's afraid. that happens. >> he shouldn't be. >> oh, here he comes! >> he's running. >> it's bad to run. >> you're out of breath. >> then you would have a chance. >> not if you run a lot. >> but then you would have a chance. sales at auto nation sailing 23%. mike jackson is the ceo. how you doing? >> j
] get more access with the citi card. [ crowd cheering, mouse clicks ] [ male announcer ] the exceedingly nimble, ridiculously agile, tight turning, fun to drive 2013 smart. ♪ >>> good morning, and welcome back to "squawk box" here on cnbc. i'm joe kernen along with becky quick. our top story, the first presidential debate is tonight. this half-hour, we're going to have our own version of a debate. strategists from both sides of the aisle. those two gentlemen that you've...
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Oct 9, 2012
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but of course they want to block off the city that there will be any impromptu protests over the next couple of hours and they can't rule out that there will be clashes with the police as more and more people are trying to stream into the city center. >> carolyn, thank you very much. ap tha we'll check back with you later in the morning. >>> in the meantime let's turn other attention to what's happening in the stock market. we had a low volume session yesterday. but take the bond market gets back to work after a three day holiday. and by the way, in case you didn't remember, take is the fifth anniversary muof the dow d s&p 500 reaching an all-time high. kevin ferry joining us. we've gotten back near the all-time highs, but what would you say just in terms of what's happened over the last five years and where you think this is setting us up for. >> hard to hold, right? heading in the right direction, but difficult to stay on board. so in the near term, we talked about last week silver getting hit, it lost about a dollar from there. and you did reach 1465, 66, in the s&p on friday, but
but of course they want to block off the city that there will be any impromptu protests over the next couple of hours and they can't rule out that there will be clashes with the police as more and more people are trying to stream into the city center. >> carolyn, thank you very much. ap tha we'll check back with you later in the morning. >>> in the meantime let's turn other attention to what's happening in the stock market. we had a low volume session yesterday. but take the bond...
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Oct 15, 2012
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later citi earnings released at the top of the hour. we'll talk about the big banks and future of the financials with our guest jim reynolds of loop capital markets. the sweet spot that powers sound decisions. duff & phelps financial advisory and investment banking services. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy
later citi earnings released at the top of the hour. we'll talk about the big banks and future of the financials with our guest jim reynolds of loop capital markets. the sweet spot that powers sound decisions. duff & phelps financial advisory and investment banking services. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while...
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Oct 5, 2012
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boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [ male announcer ] use any citi card to get the benefits of private pass. more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] >>> if you have any comments or questions about anything you see here on "squawk" e-mail uus at squawk@cnbc.com. >>> up next, president obama taking heat for his perform absence in the wednesday night presidential debate. nbc's political director chuck todd will join us next. and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. hey, it's sandra -- from accounting. peter. i can see that you're busy... but you were gonna help us crunch the numbers for accounts receivable today. i mean i know that this is important. well, both are important. let's be clear. they are but t
boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [ male announcer ] use any citi card to get the benefits of private pass. more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] >>> if you have any comments...
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Oct 1, 2012
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oon into tomorrow the rain begins to move up into places c. and new york city. on wednesday, more rain to contend with moving up across a good chunk of new england. so next couple of days not looking so great here in the northeastern part of the nation. detroit in the cool, greatish sort of day with the middle 60s. while that's going on, we have a bit of a chill down on the way. for monday, temperatures across the northern plains in the northern rockies going to be mild. 10 to 15 degrees above average. but cold front comes through, the bottom drops out. 20 degrees below average in billings by wednesday. back on to you. >>> we'll take a quick break, talk presidential politics and what paul ryan says about the romney/ryan tax plan. chools in e world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. mike
oon into tomorrow the rain begins to move up into places c. and new york city. on wednesday, more rain to contend with moving up across a good chunk of new england. so next couple of days not looking so great here in the northeastern part of the nation. detroit in the cool, greatish sort of day with the middle 60s. while that's going on, we have a bit of a chill down on the way. for monday, temperatures across the northern plains in the northern rockies going to be mild. 10 to 15 degrees above...
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Oct 4, 2012
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mid-70s oklahoma city, twl dall upper 80s, but the cooler air working its way towards the south. going from the 80s to the 50s in the big d. back to you. >> alex, thank you. >> we have the twitter guy on today, don't we? >> yes rk, we do. >> because i'm slow and people know that. but i was watching last knignig and checking blogs and stuff to see the immediate take. sglifs watchi sgli >> i was watching the twitter feed. >> that didn't occur to me. that's how lame i am. and i saw your husband mentioned me, that i'm probably -- >> you weren't watching twitter? >> no, and i said, oh, wait a minute, why don't i check -- >> hello! >> yes, it works. i could tell immediately. >> they were doing this thing where you could twist and they were having independent voters who would twist something. that is nothing compared to the twitter feed. >> this is a new world. it's amazing. >> the quickest feedback you can ever get p. >> clint eastwood's empty chair suddenly looked more prepared? no that's really not -- anyway, what's coming up? >> when we return, joe, we have an advertising indicator
mid-70s oklahoma city, twl dall upper 80s, but the cooler air working its way towards the south. going from the 80s to the 50s in the big d. back to you. >> alex, thank you. >> we have the twitter guy on today, don't we? >> yes rk, we do. >> because i'm slow and people know that. but i was watching last knignig and checking blogs and stuff to see the immediate take. sglifs watchi sgli >> i was watching the twitter feed. >> that didn't occur to me. that's how...
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Oct 18, 2012
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new jeep wrangler. >> it reinforces the special relationship between chrysler and the city of toledo. >> they have put a tremendous amount of new investment into the toledo operations, really gives them a new lease on life. if we were standing here four or five years ago, there was a possibility there would be no jeep toledo operations if the chrysler corporation would have been allowed to fail. >> reporter: three years ago at gm and chrysler slid towards bankruptcy, suppliers like seaway bolt outside of cleveland were forced to lay off workers. since then auto suppliers in ohio have added nearly 4,000 jobs, all part of meeting greater demand because auto sales are now at a four-year high, and more importantly for workers in ohio, the industry is not slowing down. >> it's a blessing to be working in the auto industry. >> nice hours, 40-hour weeks, making tons of cars, everything's good. >> reporter: the bottom line in terms of auto production and the ramp-up that we've seen here in ohio expected to continue for the foreseeable future and there are even some people, guys, who are talk
new jeep wrangler. >> it reinforces the special relationship between chrysler and the city of toledo. >> they have put a tremendous amount of new investment into the toledo operations, really gives them a new lease on life. if we were standing here four or five years ago, there was a possibility there would be no jeep toledo operations if the chrysler corporation would have been allowed to fail. >> reporter: three years ago at gm and chrysler slid towards bankruptcy, suppliers...
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Oct 22, 2012
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the more the government grows in every place, every place, states, cities, and the fed, the more they grow, the more they have to tax. and so at the end of the day, why is it that ten states with no state income tax do better than all the rest of the states? why is it? people don't get it. >> right, and we can't do it, we can see the way it works with states because the businesses and people moving in and out of state. when you do it at the federal level, that's why it goes abroad. >> texas has no state income tax, how do they do it, tennessee answer florida and ne nevada has no income tax. they manage to do it, it's amazing. >> more with mike until a second. >>> coming up, aerngz season, economic data and the european recovery. is that in quotation market? "squawk box" will be right back. >>> this wednesday, a special "squawk box" event, warren buffett on the economy, the election, and avoiding the fiscal cliff. two hours with one of the world's richest men, buffett, "squawk box," wednesday, starting at 7:00 a.m. eastern. rise above. he numbers... ...and listening to your instinct. d
the more the government grows in every place, every place, states, cities, and the fed, the more they grow, the more they have to tax. and so at the end of the day, why is it that ten states with no state income tax do better than all the rest of the states? why is it? people don't get it. >> right, and we can't do it, we can see the way it works with states because the businesses and people moving in and out of state. when you do it at the federal level, that's why it goes abroad....
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Oct 19, 2012
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for citi private bank, a group that advises a third of the world's billionaires. it's friday the 19th, the 25st anniversary of the 1987 market crash. the third hour of "squawk box" starts right now. ♪ ♪ here she comes now saying money, money ♪ >>> mcdonald's is down about $2.36 after a four-cent miss on the bottom line, $1.43 versus $1.47 although things were okay on the top line, revenue was actually above expectations or at least in line, 7.2 billion versus 7.14. the company goes on to say that we expect the near term top and bottom line growth to remain challenging and foreign currency contributed to this, eight cents, right to the bottom line. >> eight cents, maybe more than analysts expected. because i was surprised with the google news to hear currency was a bigger swing than what analysts expected. you could back that out and figure it out but i don't see anything else in here that would show why they would miss by such a large margin. same-store sales we have. >> global comps up 1.9%, maybe people in china either they're not having a coke with their
for citi private bank, a group that advises a third of the world's billionaires. it's friday the 19th, the 25st anniversary of the 1987 market crash. the third hour of "squawk box" starts right now. ♪ ♪ here she comes now saying money, money ♪ >>> mcdonald's is down about $2.36 after a four-cent miss on the bottom line, $1.43 versus $1.47 although things were okay on the top line, revenue was actually above expectations or at least in line, 7.2 billion versus 7.14. the...
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Oct 24, 2012
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boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [ male announcer ] use any citi® card to get the benefits of private pass. more concerts. more events. more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with a citi card. [ crowd cheering, mouse clicks ] bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. between listening to the numbers... ...and listening to your instinct duff & phelps finds the sweet spot that powers sound decisions. duff & phelps financial advisory and investment banking services. >>
boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [ male announcer ] use any citi® card to get the benefits of private pass. more concerts. more events. more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with a citi card. [ crowd cheering, mouse clicks ] bp has paid overthe people of bp...
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Oct 26, 2012
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yesterday in new york city the family of kevin krim our head of digital operations was the victim of an incomprehensible crime. two of his children tragically and also sadly died. in a statement to the staff cnbc president mark hoffman said, there is simply no words to convey the magnitude of this tragedy. what we can do is come together to express our unwavering support for a friend in need. all of us at cnbc and at nbc universal will be there for kevin, marina and their family. we ask that you our viewers keep his family in your hearts as we do we, his friends and colleagues here at cnbc. [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. >>> rising above to find america's fiscal solutions. >> we need to prevent huge damage to the economy in the sho
yesterday in new york city the family of kevin krim our head of digital operations was the victim of an incomprehensible crime. two of his children tragically and also sadly died. in a statement to the staff cnbc president mark hoffman said, there is simply no words to convey the magnitude of this tragedy. what we can do is come together to express our unwavering support for a friend in need. all of us at cnbc and at nbc universal will be there for kevin, marina and their family. we ask that...
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Oct 17, 2012
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better. >> right. >> and that's one of the things citi stock has not done and b of a has add big run year-to-date. if it doesn't keep performing well, you'll probably start hearing more talk about brian moynihan regardless of how well he's doing on the fundamental side. >> jeff, how comfortable were you yesterday with how this news of vikram pandit's ouster was announced or completed by the board? seemed to have happen obviously literally seemed to happen overnight and happened overnight. does it make you anxious, nervous, are you happy about it? how do you feel? >> no, it definitely makes me nervous. any time you get a management departure quickly kind of suddenly like that, it implies there's some underlying problem. now, last night on the conference call, you know, both the chairman and the new ceo said up and down in a very regfd forum, there's no issues, nothing coming on settlement front implying libor. i think if that's the case, it's not concerning. i think it's a little disappointing because i think vikram had the company moving in the right direction. but he's good. i don't
better. >> right. >> and that's one of the things citi stock has not done and b of a has add big run year-to-date. if it doesn't keep performing well, you'll probably start hearing more talk about brian moynihan regardless of how well he's doing on the fundamental side. >> jeff, how comfortable were you yesterday with how this news of vikram pandit's ouster was announced or completed by the board? seemed to have happen obviously literally seemed to happen overnight and...
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Oct 11, 2012
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for new york to be specific for the city, what you can expect today, temperatures going to 53 by noon. we can expect a few more clouds into the afternoon and evening. temperatures going up just a little bit by 6:00 p.m. popping out around 55. and then into the late night hours, we can expect skies to be hazy, but then the clouds moving in around midnight. 52. from the northeast out to the west, that's really the sore spot in terms of rough weather around the country. we have the heavy rain, strong winds. might have backups for you at l.a.x. where temperatures today expecting to go to 70 degrees. along the channel, heavy rainfalls. san francisco, scattered showers there possibly, but that should kind of give way to some pretty between conditions in the afternoon. and the mys in nevada, thunderstorms to deal with and that may be the situation in reno. but for l.a., scattered showers and 67 degrees. by nighttime, we're going right back down into the low 60s. possibly some marine layer by tomorrow morning. that's a quick snapshot of your forecast. back to you in new york. >> thank you ver
for new york to be specific for the city, what you can expect today, temperatures going to 53 by noon. we can expect a few more clouds into the afternoon and evening. temperatures going up just a little bit by 6:00 p.m. popping out around 55. and then into the late night hours, we can expect skies to be hazy, but then the clouds moving in around midnight. 52. from the northeast out to the west, that's really the sore spot in terms of rough weather around the country. we have the heavy rain,...
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Oct 12, 2012
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city you don't think. brooklyn? >> yeah, it is. i lived in brooklyn for a long time. >> it's a busy morning here. we're waiting for quarterly results from jb more again and wells fargo. plus we're talking about last night's presidential debate. and we're accepting a call of arms of sorts. the mission is to overt the fiscal cliff and even handle some of our long term debt problems because they go hand-in-hand, i think. you can't solve one without solving the other. steve liesman sat down with lloyd blankfein, also alan simpson and erskine bowles. and they set the stage warning of the high stakes for the country and the economy if we don't work this out and the markets. >> somebody could comes to you and says you need play 5% more on your income taxes in order to solve the deficit, are you in favor of that? >> of course. let me use my formulation. if you paid 5% more, you would solve the problem in a heartbeat. i don't know anybody who wouldn't pay that kind of price to benefit our country. the questions tha
city you don't think. brooklyn? >> yeah, it is. i lived in brooklyn for a long time. >> it's a busy morning here. we're waiting for quarterly results from jb more again and wells fargo. plus we're talking about last night's presidential debate. and we're accepting a call of arms of sorts. the mission is to overt the fiscal cliff and even handle some of our long term debt problems because they go hand-in-hand, i think. you can't solve one without solving the other. steve liesman sat...
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Oct 10, 2012
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he needs the urban cities in ohio to turn out with big, big numbers. otherwise this thing gets very tricky for the president. >> yesterday, eamon, cnn opinion research had obama up four in ohio. but another poll, arg had romney up one. there's a new poll out today, came out today, survey usa has obama up one, 45% to 44% in ohio. >> i guess it depends on how many democrats you poll and how many republicans. >> that's true too. >> and that's why the debate is so important. because that deals with the energy and enthusiasm of your political base and that gets the turnout. if democrats are feeling muted and down beat after the debate, they might not be as fired out to go out and get their friends and rent a van and go to the polling place. the same thing with the republicans on the flip side. the enthusiasm and turnout on the base is going to matter in ohio. >> eamon, thank you. >> you bet. >> okay. are you a nationals fan? >> i'm -- i'm not. i'm not a baseball guy. so, but they're having a good year down here and redskins are doing all right too. >> yeah,
he needs the urban cities in ohio to turn out with big, big numbers. otherwise this thing gets very tricky for the president. >> yesterday, eamon, cnn opinion research had obama up four in ohio. but another poll, arg had romney up one. there's a new poll out today, came out today, survey usa has obama up one, 45% to 44% in ohio. >> i guess it depends on how many democrats you poll and how many republicans. >> that's true too. >> and that's why the debate is so important....
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new york city only getting up to 55 for the day. a little bit of wet weather here throughout the carolina, down into florida. middle of the nation looks pretty quiet from st. louis to dallas. watch out for rain coming into the midwest later today. back to you. >> thank you very much. let's talk about the election if we could. joining us now, chief washington correspondent john harwood. good morning to you, sir. >> good morning. where were the highlights about the nationals some? >> i was happy to see it. i could feel it coming, too, because they were down 2-1. and i've seen st. louis enough. a great team, they won last year, but -- >> they won last year. and our closer shut the cardinals down. pretty impressive. almost as impressive as the reds going up 2-0. >> would it be more disappointing if you would win the series and then lose badly to the reds? how would you like to play out? might be better to lose now. >> last time i checked -- >> one game better. that's like your two touchdowns -- >> home field advantage, baby. >> like you
new york city only getting up to 55 for the day. a little bit of wet weather here throughout the carolina, down into florida. middle of the nation looks pretty quiet from st. louis to dallas. watch out for rain coming into the midwest later today. back to you. >> thank you very much. let's talk about the election if we could. joining us now, chief washington correspondent john harwood. good morning to you, sir. >> good morning. where were the highlights about the nationals some?...
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Oct 23, 2012
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speaking at the event. who is your special guest? >> my special guest is gary gensler who reports as the chairman of the cftc. thanks for joining us. >> so good to be with you mary. >> pretty important month october 12th you began the registration for swap dealers. what does this mean for investors? >> it means this vast market the swaps market is coming under some of the similar forms that the securities and futures market had since the 1930s. it's going to bring transparency in the markets and ultimately i think lower costs to investors as there's more competition in these markets. >> that being said, there's already been some pushbacks specifically from some of the foreign banks who would have to register if they want to do business with u.s. banks, just today in the "wall street journal" there's a bank in sweden and singapore saying they're not going to do it. how do you make sure the foreign banks are in line with the u.s. banks so all the regulation has a level playing field? >> well, i like your word
speaking at the event. who is your special guest? >> my special guest is gary gensler who reports as the chairman of the cftc. thanks for joining us. >> so good to be with you mary. >> pretty important month october 12th you began the registration for swap dealers. what does this mean for investors? >> it means this vast market the swaps market is coming under some of the similar forms that the securities and futures market had since the 1930s. it's going to bring...